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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (23280)	12/9/2004 1:23:42 AM
From: Proud Deplorable	Respond to of 312409

Maybe thats the reason but its a horrible co-incidence if anything. Anyway I believe that Canada and Australia made the wrong move today but in an effort to keep their respective currencies from rising they create more inflation and essentially start the next round in competitive currency devaluations. We shall see how this plays out but my gut feeling is the USD is coming up for air for the last time.

To: marcos who wrote (23280)	12/9/2004 2:19:10 PM
From: russet	Respond to of 312409

FDC.v,...An interesting company if you're following the trend in coal prices,...will be drilling in next few months to determine coal bed methane potential and characteristics and extent of coal seam. In your neck of the woods. Nice and cheap right now, part of well financed group with access to European money. forumdevelopmentcorp.com Overview Forum Development Corp., a TSX Venture Exchange company trading under the symbol FDC, is involved in the acquisition, exploration and development of coal and coalbed methane ("CBM") properties. The encouraging outlook for coal, and more particularly CBM in British Columbia and elsewhere in western North America to meet future energy demands, is the focus of the company. Forum's primary objectives are to: Complete additional acquisitions of gas rights, and acquire a control position in the Merritt coalbed methane coalfield in southern British Columbia, Canada. Carry out the initial test program at Merritt with the objective of achieving initial gas production in 2003. Obtain additional targeted coalbed methane rights at Merritt and elsewhere in British Columbia including the Company’s joint owned, Groundhog and Trefi coal properties. Continue to expand its coalbed methane and coal project generation activities in British Columbia and elsewhere in western North America. Carry out initial evaluations of the Company’s extensive coal resource holdings in British Columbia. Establish additional joint venture partnerships with major coal mining and energy companies to develop a coal fired power plant in B.C. using current “clean coal technology”. Although gas prices weakened due to the slumping global economy in the second half of 2001 they are again rising and can reasonably be expected to continue at current or higher levels. In British Columbia the Liberal government won an overwhelming electoral victory in May 2001, pledging to re-invigorate the provincial resource sector and reverse years of neglect by the former NDP government. In particular the Ministry of Energy & Mines is mandated to promote and stimulate CBM development. British Columbia has extensive coalfields with excellent CBM potential which remain untapped. British Columbia’s coal resources were intensively investigated by major energy companies during the period 1975-85, following the last “energy crisis”, but have been effectively ignored since that time because of weak commodity prices and the anti-development business climate created by the former provincial government. The long dormant interest in British Columbia coal enabled Hidefield plc, in joint venture with Anglo Pacific Group, to acquire major coal resources early in the year and ultimately led to identification of the unique Merritt CBM opportunity in southern British Columbia, subsequently acquired by Forum Development Corp. The Merritt project offers near term, low risk opportunity for cash flow on a modest scale while Forum’s other coal projects and opportunity generation capabilities provide additional upside potential and a foundation for rapid growth. The Company’s early involvement with British Columbia coal and CBM further positions it to become a major participant in what promises to be a fast growth and profitable resource sector of the provincial economy. Over the past two years public companies involved in coal and CBM, both large and small, have significantly outperformed most other investments.